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Markets bouncing back

By Craig Erlam   Stock markets bounced back on Tuesday as some calm returns following the UBS takeover of Credit Suisse and traders look ahead to the Fed on Wednesday. It’s been a wild couple of weeks and while many are hopeful the worst is behind us,

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Cyprus banking sector ‘safe’

The Cyprus banking system won’t be feeling any aftershocks from the collapse of major banks in the United States and the trouble

Employers frustrated over changes to hiring asylum seekers

Businesses argue that restrictions in the government’s newly introduced policy allowing employers to hire asylum seekers to address labour shortages ahead of the busy summer season defeats the objective. The previous government introduced the tweak in the state’s policy on

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Moving away from random ESG practices

Corporate Europe is entering a new era with the recently proposed Corporate Sustainability Due Diligence Directive (CSDDD). The new Directive of the

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New wave of price increases

Supermarkets and retailers have signalled a new wave of price hikes on commodities, especially foodstuffs, as goods importers are considering adjusting their invoices quoting increased costs. Marios Antoniou, general secretary of the

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Annita rising from the ashes

The former ruling Democratic Rally, licking its wounds having lost the presidential elections, has won a last-minute reprieve with the majority of

Exploring Cyprus housing provisions

The topic of government involvement in housing is contentious, with various opinions and approaches to how housing should be provided and managed.

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Cyprus among most expensive to plug in your EV

Cyprus is one of the most expensive countries out of a list of 39 in Europe to charge an electric vehicle, adding another con to the list of Cypriot motorists thinking of going electric in the near future. Cyprus’ path to a

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Cyprus’ power grid in trouble

A lack of desire and disregard have left Cyprus consumers at the mercy of hiking energy prices while the country’s grid is

Markets bouncing back

By Craig Erlam   Stock markets bounced back on Tuesday as some calm returns following the UBS takeover of Credit Suisse and traders

More

Shipping on agenda of Greek PM meeting

President Nikos Christodoulides said that Cyprus and Greece should work more closely on matters of shipping, which will be high on the agenda of his first meeting with Prime Minister Kyriakos Mitsotakis in Athens next week. Speaking on the sidelines

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Marine-Fields takes over German consultancy

Tototheo Maritime subsidiary Marine-Fields Holding announced it has acquired German maritime consultancy and technology advisory firm BM Bergmann Marine GmbH. The takeover

Larnaca gets Greece ferry link

Larnaca will reap the benefits of the passenger ferry link between Cyprus and Greece, as officials have decided to include the town’s